EOS seems to be forming a decent support base above the $3.80 level against the US Dollar. The price is now trading well above $3.50 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $3.60 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to start a strong increase if there is a clear break above the $4.40 and $4.50 levels. EOS price is showing positive signs above...
Read More »Social Media Influencers Would be the Next Big NFT Market Maker
Non-fungible tokens have lifted off in terms of popularity and use case this bull season. From being used as a fan token it has grown to become an independent ecosystem of its own attracting the attention of many mainstream artists, celebrities, and sports superstars. The NFT mania has gripped the whole world and despite the early hype, many prominent crypto personalities believe it has a long way to go. Amid various use cases right from auctioning rare memorabilia be it...
Read More »Litecoin (LTC) Price Analysis: Fresh Rally Likely If It Breaks $150
Litecoin price started an upside correction above the $120 zone against the US Dollar. LTC price is now well above the $130 level and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend lien with resistance near $128 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear $145 and $150 to start a fresh rally in the near term. Litecoin price is slowly gaining pace above $130 against the US Dollar, unlike...
Read More »What Was The Ultimate Top Signal For Bitcoin? Market Digest With Scott Melker
CryptoPotato had the chance to poke the brains of the professional cryptocurrency trader Scott Melker, perhaps better known in the industry by his Twitter alias The Wolf of All Streets. With the market being as volatile and dynamic as it has been in the past couple of months, it’s safe to say that we had a lot to discuss. Bitcoin Price: Is It Still a Dip or Change of Momentum? Plenty of people are of the opinion that it’s high time we stopped calling the...
Read More »Binance Markets Limited Gets the Boot in the U.K.
A division of Binance has been banned in the United Kingdom. Regulators from within the country are no longer permitting a sector of one of the world’s biggest and most popular cryptocurrency exchanges to provide services to residents of the UK as they work out regulatory guidelines for the crypto space. Binance Markets Limited Is No Longer Working in the UK While Binance.com is still accessible to traders in the country, they will no longer be able to garner services...
Read More »Coinbase to Launch a DApp Store After Getting Crypto Custody License from BaFin
Germany’s financial regulator, the Federal Financial Supervisory Authority, also known as BaFin, issued a license to Major U.S. cryptocurrency exchange Coinbase to enable its local subsidiary to carry out cryptocurrency custody business in the country. BaFin announced the news of the approval via an official release on Monday (June 28, 2021). According to the German regulator, Coinbase was the first crypto exchange to get BaFin’s license to operate crypto custody services....
Read More »CoinMarketCap Adds Ethereum Token Swap Feature Powered by Uniswap
CoinMarketCap reveals that the feature is accessible on the pages of supported coins.Crypto market data aggregator CoinMarketCap (CMC) through integration with non-custodial decentralized crypto exchange Uniswap has launched a token swap feature on its website. CMC is one of the most visited finance portals in the world. According to data by SimilarWeb, the site had upwards of 270 million visitors last month.This new addition does not automatically come with all of the tokens listed on its...
Read More »Bitcoin Trading at $35,000 Level, While Ethereum Is Above $2100
In a market-wide recovery on Tuesday, Bitcoin and Ethereum have reclaimed crucial levels after a week-long volatile session. Check out some interesting on-chain metrics for the two cryptos.Amid the ongoing volatility in the crypto market Bitcoin (BTC) and Ethereum (ETH) have managed to seal their position above key resistance. During the crypto market recovery on Tuesday, June 29, the Bitcoin price move past $35,000 levels.This price surge was crucial for BTC investors as the world’s largest...
Read More »GetYourGuide Announces Support for Dogecoin after US Market Entry
With its integration of the Dogecoin payments option, GetYourGuide is positioning itself ready for any potential opportunity.Berlin-based online travel agency GetYourGuide has announced it is providing support for Dogecoin (DOGE) to be part of the payment options for its products and services. As reported by CNBC, the GetYourGuide support for Dogecoin came as the firm commemorates its expansion into the United States market on Tuesday.Per the announcement, the travel firm said it has resumed...
Read More »Tron (TRX) Price Analysis: Bulls Back In Action Above $0.06
Tron price formed a base above $0.0500 and started a fresh increase against the US Dollar. TRX price is now trading well above $0.0600 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.0650 on the 4-hours chart (data feed via Bitfinex). The pair is correcting gains, but dips are likely to be limited below $0.0640 and $0.0620. TRON price is now showing positive signs above $0.0600 against the US Dollar,...
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